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New home sales battled scorching prices in April

Housing Wire

Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction. Lumber prices alone have tripled over the past year and have added a massive $35,872 to the average price of a new home. The MBA’s mortgage credit availability index increased in April to 128.1

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2021 Tech Trendsetters nominations are now open!

Housing Wire

Take a look at some of the 2020 honorees: Maxwell co-founder John Paasonen has grown the company to serve more than 250 community lenders since 2015 and the Maxwell platform has now facilitated over $100 billion in loan volume, helping its customers enhance the borrower experience by closing loans 45% faster than the national average.

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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. Neighborhood Homes creates a tax credit that covers the gap between the cost of construction and a home’s sale price.

Investing 430
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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

Appraisers assemble a series of facts, statistics, and other information regarding specific properties, analyze this data and develop opinions of value. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. Value Scenarios.

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Signed lease documents, detailed rent roll, etc.

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The Intel About Intel’s Columbus, OH Region Move (and Why Your Business Can Flourish Here, Too)

The Robert Weiler Company

But proximity to a new Intel Corporation fabrication plant whose construction might one day ease future global chip shortages might be another reason to love our region. It’s predicted to generate 3,000 jobs with high-wage salaries, 7,000 construction jobs, and more than 10,000 indirect jobs. Honda Research & Development Americas.

Business 147
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Appraisal Inspection Vs. Home Inspection: Your Role as an Appraiser

McKissock

The licensing laws and regulations for home inspectors do not permit them to develop opinions of property value like appraisers do. Even FHA got into the euphemism game with the publication of Handbook 4000.1 , which went into effect in 2015. Relatively few appraisers take courses on inspection skills or construction.